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Nalezeno "Insurance": 628

Chinese Banks Seek New Applications for Digital Yuan in Investment and Insurance

1.9.2021
Two Chinese banks are expanding their pilot programs for the digital national fiat. The state-owned financial institutions have revealed they are aiming to allow digital yuan holders to acquire investment funds and insurance products using the new currency. Chinese Banks Partner With Fund Managers...

Chinese Banks Looking to Use Digital Yuan in Funds and Insurance Sector

31.8.2021
Some of China’s biggest commercial banks are looking to pilot digital yuan use cases for funds and insurance-related products – in a major move away from the core functions of the pilot thus far. Since the central People’s Bank of China (PBoC) began its pilots, initiatives have focused on...

Chinese banks explore e-yuan for selling investment funds and insurance

31.8.2021
Bank of Communications and China Construction Bank are working with fund managers and insurers to facilitate e-yuan payments for Chinese citizens

Martin Luther King, Jr.’s Daughter Distances Herself From Fortnite Event

30.8.2021
To the surprise of many, Epic Games added a new mode to Fortnite last week celebrating the legacy of the March on Washington for Jobs and Freedom and the man who led it, Martin Luther King, Jr. But Bernice King, the civil rights icon’s daughter, has since distanced herself from the event. It...

Insurance on Crypto Exchanges Inches Up, KYC Still Weak - Report

20.8.2021
Cryptocurrency exchanges are showing an increase in their tendency to insure clients’ assets, both formally and in informal ways through insurance funds, a new report finds. On the other hand, know-your-customer (KYC) stringency is still weak on many exchanges, with around a third having poor...

Big Three Credit Agency Fitch Warns El Salvador Adopting Bitcoin Will Negatively Affect Insurers

17.8.2021
Fitch Ratings, the American credit agency and member of the ‘Big Three’ credit agencies, has published a paper on El Salvador’s adoption of bitcoin and making the crypto asset legal tender in the country. Fitch believes that after the country enforces the new tender law it will...

Fitch Ratings warns El Salvador's 'Bitcoin Law' will pose risk to local insurers

17.8.2021
Fitch warned that mainstreaming Bitcoin without clarity can introduce volatility and operational risks for Salvadorans

Nasdaq-Listed Metromile Invests $1 Million in Bitcoin — Sees Rapid Growth in Global Cryptocurrency Adoption

12.8.2021
The Nasdaq-listed auto insurance company Metromile has purchased $1 million in bitcoin. The company plans to “become the first insurance company to allow policyholders the option to pay for insurance and receive payment for eligible claims in either bitcoin or dollars.” Auto Insurance...

Digital insurer Metromile follows through with $1M Bitcoin purchase

11.8.2021
In May, the company said it intended to allocate $10 million towards Bitcoin in the second quarter of 2021

Swag Points on Security by Enriching Its Offer With the Tools Provided by Market Leader Coincover

11.8.2021
PRESS RELEASE. The Estonian based company SWAG celebrates the first 2 years of international activity by signing an important agreement with Coincover, a platform providing industry-leading technical protection and insurance-backed guarantees for cryptocurrency investors. This choice allows Swag...

Digital Transformation Law Draft Would Allow Users to Pay Mortgages With Crypto in Spain

2.8.2021
A new proposal of a digital transformation law, written by a group of lawmakers in Spain would introduce the possibility of paying mortgages with cryptocurrency. The law draft also gives different incentives for companies and organizations using and developing solutions using these technologies...

Kenyan Insurance Executive Calls Cryptocurrencies Ponzi Schemes, Warns Users This Will ‘End in Tears’

2.8.2021
A Kenyan insurance executive, Julius Kipng’etich has compared cryptocurrencies like bitcoin to Ponzi schemes and has urged his countrymen not “touch this.” In addition, Kipng’etich warned those already involved in crypto trading to be prepared for the consequences as this...

Highly Anticipated Insured Launchpad, Binstarter to Open to the Public on Aug 4th

2.8.2021
PRESS RELEASE. Binstarter Protocol; the first and only Insurance Policy Protected IDO Launchpad Protocol is proud to announce to the crypto world that their highly anticipated public sales date has been scheduled on Aug 4th. According to former data collected on the seed sales, the upcoming public...

Tidal Finance Launches Mainnet for DeFi Insurance

28.7.2021
Tidal Finance finally made the most exciting announcement of launching the innovative mining program and mainnet for the coverage providers associated with the platform. The foremost multi-chain platform of DeFi insurance, Tidal Finance, was first launched at the Polygon Network. The platform...

China Offers Medics Digital Yuan Insurance Policy for Covid-19

21.7.2021
China’s first insurance policy using the digital yuan for settlement has been issued in Shenzhen, local media reported. The new product, targeting medical personnel exposed to coronavirus risks, is offered by the country’s largest insurer, Ping An. The financial giant also has fintech...